Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) Hits New 1-Year Low – Here’s What Happened

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $68.23 and last traded at $77.85, with a volume of 5557 shares changing hands. The stock had previously closed at $69.75.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Hsbc Global Res cut shares of Bayerische Motoren Werke Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 20th. Berenberg Bank upgraded Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 22nd. Barclays downgraded Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 27th. Finally, Dbs Bank cut Bayerische Motoren Werke Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 19th.

Bayerische Motoren Werke Aktiengesellschaft Stock Performance

The stock’s fifty day moving average price is $84.12 and its two-hundred day moving average price is $81.14. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.78 and a current ratio of 1.10. The company has a market cap of $45.14 billion, a P/E ratio of 5.55 and a beta of 0.85.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) last announced its quarterly earnings data on Friday, March 14th. The company reported $2.58 earnings per share for the quarter, missing the consensus estimate of $3.68 by ($1.10). The business had revenue of $37.70 billion for the quarter, compared to the consensus estimate of $43.77 billion. Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 8.67% and a net margin of 5.48%. As a group, equities analysts predict that Bayerische Motoren Werke Aktiengesellschaft will post 13.38 earnings per share for the current year.

About Bayerische Motoren Werke Aktiengesellschaft

Bayerische Motoren Werke Aktiengesellschaft engages in the development, manufacture, and sale of automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment engages in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.